• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Market Value of the Firm, Market Value of Equity
Market Value of the Firm, Market Value of Equity

... The objective of this paper is to answer these questions by a mathematic model based on optimal control theory and derived from comparison study about maximization. I am going to accomplish four arguments. (1) We measure the performance of the firm by return rate on capital (i.e., maximum return rat ...
answer key - Iowa State University Department of Economics
answer key - Iowa State University Department of Economics

... A) when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall. B) when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to rise. C) when inte ...
Accounts Payable: Indebtedness of a company to its suppliers for
Accounts Payable: Indebtedness of a company to its suppliers for

A Different Way to Invest
A Different Way to Invest

national bank of the republic of macedonia interset rate policy in the
national bank of the republic of macedonia interset rate policy in the

The Term Structure of Interest Rates
The Term Structure of Interest Rates

... • The coupons on corporate bonds can be subject to federal, state, and local taxes. The coupons on Treasury bonds are subject to federal tax but not to state or local taxes. The coupons on municipal bonds are typically not subject to federal, state, or local taxes. • It is important to recall that b ...
Northrop Grumman Financial Security and Savings - corporate
Northrop Grumman Financial Security and Savings - corporate

... Emerging Markets Fund — The Emerging Markets Fund consists of a diversified portfolio of stocks issued by companies based in developing countries. The fund’s objective is capital appreciation over the long term. Retirement Path Portfolios — Each retirement path is a broadly diversified portfolio of ...
Taxation and the Taylor Principle
Taxation and the Taylor Principle

Economist Insights Rate of Change
Economist Insights Rate of Change

The Only Spending Rule Article You Will Ever Need
The Only Spending Rule Article You Will Ever Need

... us to lock in cash flows for only about 30 years,7 let us arbitrarily consider 30 years the relevant time horizon for purposes of this fixed-horizon portion of the discussion. Different investors prefer different levels of investment risk, which, in our framework, translates into consumption risk. L ...
09-Changes in Inventory - OIC
09-Changes in Inventory - OIC

... which main activity is production of or trade in such goods (i.e., acquisition or disposal does not include input of capital formation of the company);  the acquisition or disposal of valuable goods by households are not included in household final consumption. ...
THE RAMSEY GROWTH MODEL
THE RAMSEY GROWTH MODEL

21. Integrating the Components of a Financial Plan
21. Integrating the Components of a Financial Plan

Budget Review Full Version Final
Budget Review Full Version Final

NBER WORKING PAPER SERIES THE LONG SLUMP Robert E. Hall Working Paper 16741
NBER WORKING PAPER SERIES THE LONG SLUMP Robert E. Hall Working Paper 16741

bondch11s
bondch11s

... default by the borrower. If the loan-to-value ratio is greater than 80%, the lender often will require the borrower to purchase private mortgage insurance from companies such as the Mortgage Guaranty Insurance Company (MGIC) or the Private Mortgage Insurance Company (PMI); alternatively, the lender ...
Optimal Fiscal and Monetary Policy
Optimal Fiscal and Monetary Policy

rPFM(02-RAR)08
rPFM(02-RAR)08

The challenges for monetary policy
The challenges for monetary policy

Finding Your Way Around the Book`s Web Site
Finding Your Way Around the Book`s Web Site

... standard deviation of annual returns on the S&P 500 stocks has been about 20 percent in the U.S., compared to about 9 percent for bonds. That means that one typically expects the return to stocks to be 20 percent above or below the average of 13 percent each year. Risk, of course is the chance of lo ...
how the p/e ratio can really help you
how the p/e ratio can really help you

The strategy`s return for the quarter was
The strategy`s return for the quarter was

cash sweep programs
cash sweep programs

... bill payment and ACH. For more information regarding Capital Access, please contact your financial advisor. ...
Financial Statements - Health and Disability Commissioner
Financial Statements - Health and Disability Commissioner

The Effect of Asset Selloffs on Overnight Interest Rates
The Effect of Asset Selloffs on Overnight Interest Rates

... Finally, the Fed may unintentionally create some uncertainty in the market if it does not signal its intentions clearly. Since small changes in bank reserves can potentially generate much larger changes in money growth, the Fed may find it necessary to adjust the interest rate on reserves frequently ...
< 1 ... 74 75 76 77 78 79 80 81 82 ... 178 >

Present value

In economics, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is always less than or equal to the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of negative interest rates, when the present value will be greater than the future value. Time value can be described with the simplified phrase, “A dollar today is worth more than a dollar tomorrow”. Here, 'worth more' means that its value is greater. A dollar today is worth more than a dollar tomorrow because the dollar can be invested and earn a day's worth of interest, making the total accumulate to a value more than a dollar by tomorrow. Interest can be compared to rent. Just as rent is paid to a landlord by a tenant, without the ownership of the asset being transferred, interest is paid to a lender by a borrower who gains access to the money for a time before paying it back. By letting the borrower have access to the money, the lender has sacrificed the exchange value of this money, and is compensated for it in the form of interest. The initial amount of the borrowed funds (the present value) is less than the total amount of money paid to the lender.Present value calculations, and similarly future value calculations, are used to value loans, mortgages, annuities, sinking funds, perpetuities, bonds, and more. These calculations are used to make comparisons between cash flows that don’t occur at simultaneous times. The idea is much like algebra, where variable units must be consistent in order to compare or carry out addition and subtraction; time dates must be consistent in order to make comparisons between values or carry out simple calculations. When deciding between projects in which to invest, the choice can be made by comparing respective present values of such projects by means of discounting the expected income streams at the corresponding project interest rate, or rate of return. The project with the highest present value, i.e. that is most valuable today, should be chosen.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report